Anyone made it through (or not made it through) ROFR recently? - Section I

[happyatdisney]

Beca, so glad you asked this question! As a newbie to DVC, I was starting to worry about closing, as we also have not received our closing docs yet.......and we heard that we passed ROFR on 2/3. I have decided I am calling tomorrow to find out the delay.

While we are on the subject then, could someone tell me how long things take AFTER we send back the closing papers and final payment?

Guess I'm getting anxious here........

 

[Cinderpals]

Wow! That's terrific! So glad, we're getting a lot of contracts through ROFR!

This may be a great time to add on before there are any major price increases or changes.

Is there an official thread on WCC, or waiting to close contracts?

Are we keeping track of those on this thread?

 

[Beca]

Beca, so glad you asked this question! As a newbie to DVC, I was starting to worry about closing, as we also have not received our closing docs yet.......and we heard that we passed ROFR on 2/3. I have decided I am calling tomorrow to find out the delay.

While we are on the subject then, could someone tell me how long things take AFTER we send back the closing papers and final payment?

Guess I'm getting anxious here........

Well, in the past...I have been in the system as early as 48 hrs after I have overnighted docs, and it has also taken almost 2 weeks to get in the system. The sellers of the contract have to get their docs notarized, and that can slow things down a bit. With my first resale, it took the sellers 10 days to get the contract back (which didn't make me happy since I paid extra to "overnight" my docs and money back...and, I was trying to make ressies before the 7 month window opened). And, one time...the seller overnighted their docs as well (I guess they really needed/wanted the money). I've just never had to wait more than a day or two before the docs were faxed/emailed to me after ROFR. There must be a LOT of buying going on right now!!!

When you get yours...let me know.

Thanks,

Beca

 

[Beca]

Well, on friday we got email from our Timeshare Store person, and WE PASSED!

$75 point at VWL, 350 points.

I thought it was 300 points but my husband said, no 350. He's elated! I'm astounded!

We think we may have passed becaused the contract was big enough that it may not have been attractive as an 'add on', although we can't quite figure out why Disney wouldn't just break up and re-apportion contracts as they see fit.


Well, for whatever reason, we're in!

Wow!! Congrats!! I admit, I was getting a little worried about you!!! I think now might be a good time to try to add-on. I SERIOUSLY think DVC is trying to "liquidate" some of those 10,000 OKW points before they start "snatching" up contracts again. Just my theory...here's the update:

Greenban...I'm really sorry...this one's gotta hurt!!!

PASSED:
Bobbiwoz - 50 VWL $77 all '05 points intact (mid-Jan)
leise - 100 OKW $76 (1/19, in less than 10 days)
Amanda C - 70 HHI $70 all '05 points intact (mid-Jan)
Scotch - 1) 160 BCV(Apr) $78 4 '04, and all '05(sub. beg of Jan, passed 1/21)
MickeyBabe - 190 OKW $72 (went to DVC 12/22, passed 1/03)
jtiggercat - 130 OKW $72 (Oct) all '05 (went to DVC 1/11, passed on 1/24)
TinkTatoo - 78 OKW $73 (June) all '05 (sub. early Jan, passed in 1 wk)
Tink10 - 25 BWV (Aug) $78 all '05 (sub 1/14, passed on 2/2)
hannahr - 250 OKW (Oct) $74, 75 '03, all '04 & '05 (paying half of '04 MF's) (sub 1/12, passed 2/2)
Daname - 160 BWV $78 with banked 2004 (sub.1/21, passed 2/3)
happyatdisney - 150 HH $71(Dec) 131 '03 all 04 & 05 (passed 2/3)
Blue&Gold - 350 BWV (Dec) $78 '04 &'05 (sub. appx. 1/18, pass 2/3)
Cinderpals - 200 BWV $77 '04 pts, all '05 pts (went to DVC on 1/21, pass2/4)
Beca - 150 BCV (Aug) $83 all '05 + 137 '04 (went to DVC 1/24, pass 2/4)
triple7 - 100 BCV (Dec) $84 all '04 &'05 (sub. on 1/20, pass 2/4)
N&B'smom - VWL $77 (pass 2/4)
ScottLea94 - 205 HH $70 62 '04 all '05 (sub 1/21, pass 2/4)
NYsHiddenMickey - 150 BWV (Dec) $78 255 banked '03 & '04, all '05 (sub1/27, pass 2/9)
Cinderpals - 350 BCV (Mar) $81 21banked '04, all '05 (sub 1/21, pass 2/9)
DisZip - 150 VWL (Feb) $78 92 banked from '04 & all '05 (pass 2/9)
Iankh - 200 VWL (Aug) $76 55 banked from '04 & 181 of '05 (sub, 1/28 pass 2/9)
reesecup - 150 BWV $80 75 '03, all '04 & '05 (sub. appx. 1/26, pass 2/9)
Disneyrsh - 350 VWL (Apr) $75 (sub. appx 1/17, pass 2/9)

ROFR'D:
Diszip - 150 VWL (Aug) $75 all '05 + 8 '04 (ROFR'd on 1/20)
Kimber - 50 BCV $73 3 points coming in '05
Donald..really - 200 VWL $75
Mcorbo - 150 VWL $75 103 coming 04/05 (sub.1/07, ROFR 1/26)
disneydawn6 - 170 BCV $78 111 points June 2005 (on 1/26)
Scotch- 2) 150 OKW(Mar) $65 15pts. remaining in '05 (sub. 1/10, rofr 1/26)
(source KANSAS) - 150 BCV(Aug) $77 no points til '06, BUYER pay all closings cost, escow serivce, title insurance,etc+ $200 Disney Transfer fee, OC/$20/ROFR FEE
Greenban - 270 VWL (Aug) $76 all '03, '04 & '05 intact
kepps73 - BWV $77 ROFR'd 1/31(sorry, don't know anymore than that right now)
kelakash - 250 VWL $74 '04 &'05 (sub. appx. 1/03, ROFR'd on 1/31)
disgirl - 50 BCV $78 (Apr) no points 'til '06 (sub1/24, ROFR'd 2/10).

WAITING:
Disneyrsh - 300 VWL (Apr) $75 (sub. appx 1/17)
Scott H - 150 HH $69 no points till '06 (sub. appx. 1/19)
ScottLea94 - 205 HH $70 62 '04 all '05 (sub 1/21)
DVCforMe - 360 VWL (Aug)$76 144 '04 , all '05
mcorbo - 200 VWL (Oct) $80 18 '03, all '04 , all '05 (sent 02/02)
JoeEpcotRocks - 150 BWV (Mar) $78 all '05 (sent 2/7)
Magicalfun - 80 BCV (Oct) $88 all '03, '04, '05
LauraLea - 80 VWL (Mar) $79 all 05 (sub appx. 2/8)
Al D - 200 BWV $80 all'04 & '05 (sub appx. 2/8)
Magicalfun - 100 BCV (Aug) $82 no points 'til '06 (sub 2/8)
Beca - 120 BCV (50+70) (Aug) $83 no points 'til '06 (sub 2/9)
Cinderpals - 200 BWV (Oct) $77 all '04 & '05 (Sub 2/11)
DisneyRose - 150 VWL (Sep) $80 all '04 '05 (Sub 2/14)

 

[minnie33]

Congratulations! We are also waiting on a VWL. How long was your wait to hear from WDW? Our contract has been in for 2 weeks. The waiting is killing me...

Sarah

 

[iankh]

My contract was sent to Disney on 1/28 and I heard back on 2/9.

 

[DVCforMe]

WE PASSED!!!!!

I was getting worried but got a message on our machine from Jaki saying that our 360 pnt VWL contract had passed at $76. WOO HOOOOOO!!!!!!

Many years of added Disney fun coming our way........

Charlotte

 

[iankh]

Congratuations! Howdy neighbor!

 

[Cinderpals]

That's sooo exciting! You VWL DVCers are getting the best contracts through ROFR!! Hopefully, you're planning on using your 11 month priority to book during Christmas Season, or when the WL is decorated! Love it for Christmas Season, my favorite place to be!

 

[Cinderpals]

"Wow!! Congrats!! I admit, I was getting a little worried about you!!! I think now might be a good time to try to add-on. I SERIOUSLY think DVC is trying to "liquidate" some of those 10,000 OKW points before they start "snatching" up contracts again. Just my theory..." Beca quote

Interesting thought! I think that it's a great time to get points before Disney increases the resale points too. Also, there are some contracts with '04 points still available. Why not get a little bonus while buying.

Wish I already had owned points, and had some experience booking, banking and borrowing them.

 

[iankh]

I haven't even closed yet, and I'm already thinking about an add on!

 

[Beca]

I haven't even closed yet, and I'm already thinking about an add on!

Woah, Ian....Congratulations!!! That means you now have an "official case" of addonitis!!! Of course, I think Cinderpals has us ALL beat on that one!!! (just having a funny...of course...you KNOW we are all just jealous!!!! )



Beca

 

[Cinderpals]

Woah, Ian....Congratulations!!! That means you now have an "official case" of addonitis!!! Of course, I think Cinderpals has us ALL beat on that one!!! (just having a funny...of course...you KNOW we are all just jealous!!!! )



Beca

I guess, that's my claim to fame!

 

[Cinderpals]

HI!

I just got a call from the Closing service. I was in the next room, so it sounded like they were saying "Disney has decided to exercise their option to purchase back the Beach Club points..." I called back, and it was like I was told on Friday that they had passed ROFR!! I asked them what about the other contract, and she said that Disney 1st makes sure everything is paid up on them etc... I should get my closing documents within 2-3 weeks!

 

[TinkTatoo]

Woah, Ian....Congratulations!!! That means you now have an "official case" of addonitis!!! ....................Beca

I must have addonitis as well. We haven't got the closing docs on our first resale and I have just heard that we passed ROFR on our second contract.

It was for 150 OKW points (June) at $74 per point 150 banked from 04 and all 05 points. submitted 7th Feb passed 14th Feb (1 week again)

As this has banked points we need to use this contract for our reservation in August so I am hoping it will get on to Disney's system ASAP

Good luck to everyone else waiting

 

[Cinderpals]

I must have addonitis as well. We haven't got the closing docs on our first resale and I have just heard that we passed ROFR on our second contract.

It was for 150 OKW points (June) at $74 per point 150 banked from 04 and all 05 points. submitted 7th Feb passed 14th Feb (1 week again)

As this has banked points we need to use this contract for our reservation in August so I am hoping it will get on to Disney's system ASAP

Good luck to everyone else waiting

Wow, that was quick!! So, I may hear back on my third contract this week?! I'm waiting to close soon since I would really like to use points in August too at the BCV!! I'm going over Spring Break WL and again for Star Wars weekend in June. Hope we both get our DVC stay in August!

 

[Stitch 03]

Add me to the list.

I just had an my offer accepted for OKW

60 points
$75 per point (seller was asking $80)
June use year
All 60 points coming at June 2005

Based on some of the info I have seen on this thread, and others, I expect that this will pass ROFR.

 

[Disneyrsh]

It's funny; we were so afraid to hope that we'd actually get it, now once we've got it, we don't know what to do with it. "It" being the VWL. But wow, it's certainly a nice predicament to be in. It's like trying to decide whether to have the brownie sunday at Ghiradelli's or the kitchen sink sunday at Beaches and Cream-it's wonderful to daydream about when/where/how. I know, once we get all the docs we need to get going on making reservations and stuff. I've heard so many cool things about VWL at Christmas that I think we might check it out. Do they start decorating VWL as early as the rest of the park? We usually avoid the actual holidays!

 

[bobbiwoz]

Congratulations Disneyrsh, our VWL neighbors!

We were at VWL on Nov. 14th '04 and the decorations were already up and the Christmas music was playing. It was very beautiful!

Bobbi

 

[TammyAlphabet]

Hey Stitch03! I was looking at that OKW contract all weekend...Glad you got it.